Development Progress
1. Task Center of WeCredit wallet added the task of joining CTC’s Telegram group. Users can win credit diamonds as reward once completed the task;
2. New features of WeCredit are under development now. Please stay tuned.
3. Loan products have been included in the Loan Market of Task Center in WeCredit wallet. WeCredit has reached cooperation with many loan institutions.

Project Operational Information
1. Credit Tag Chain has participated the activity Free Comment held by noted block chain media Bishijie. Users are invited to raise questions and leave comments on the page of CTC projects in Bishijie. Up to now, CTC has received over hundreds of comments and queries. CTC employees has answered the questions and replied the comments one by one. Users can always inquire and exchange ideas on CTC in CTC’s official WeChat account and CTC’s communities;
2. Credit Tag Chain will have an exhibit in CONSENSUS: SINGAPORE 2018, an important block chain technological summit, to be held in Singapore from September 18th to 20th. Hundreds of block chain experts from fields like politics and business, and noted projects will present at the summit. CONSENSUS: SINGAPORE 2018, held by the international block chain information sharing platform CoinDesk, will be the first Consensus conference held in Asia. Over 10,000 are estimated to attend the summit.

Community Development
1. CTC continues activities to air drop CTC candies and credit diamonds to attract new users, and give benefits to community numbers. Users can apply to join CTC communities by adding CTC’s WeChat account for customer service ctckefu.
2. With the scaling of CTC business, CTC is now recruiting administrators for CTC communities and promoters for WeCredit wallet. Anyone with related resources please contact CTC through WeChat account ctcmomo or CTC official Facebook/Twitter;
3. CTC continues to update project information through CTC WeChat Official, Weibo, Facebook, Twitter, and communities organized by volunteers worldwide. CTC’s keynote speeches and original articles will be shared to popularize blockchain knowledge, advocate CTC’s value and enable more people to know and understand CTC.

Facebook: Credit Tag Chain
Twitter: CreditTagChain
Telegram: @credittag
@ctcfan
@ctcfans

Credit Tag Chain will have an exhibit in CONSENSUS: SINGAPORE 2018 from September 19th and 20th. The conference will serve as a platform for CTC to talk with blockchain experts all over the world. Meet us in Singapore.

"Loan customers may obtain loans through freezing a certain amount in the CTC, while the credit institutions may reduce credit risks which in turn would make them likely to serve a more extensive range of loan customers with even lower interests," said Nigel Lim, co-founder and CTO, "CTC provides a way to actualize inclusive finance."

To ensure that the credit institutions are able to control the credit status of the loan customers within the valid scope, the loan customers need to freeze a corresponding portion of their CTC during the process of borrowing funds as a requirement for taking up a loan. Before the loan customers repay the loans, part of their CTC would be in a frozen state, the loan customers cannot draw on or utilise their frozen CTC for any other purposes. After the loan customers have made their repayment on time or have made repayment in advance, the loan customers will repossess the control rights of the frozen CTC.

CTC smart contract supports off-line interface, which can provide inquiry function in contract. Users can inquire the relevant information of the contract without executing the contract, which also can keep condition stable.

Development Progress
1. WeCredit wallet released the new version V1.2.0, which supports cryptocurrencies across different chains. Mainstream cryptocurrencies such as LTC, ETH and other ERC-20 tokens are newly added, with secured storage and instant transfer services.
2. WeCredit wallet has updated features of mnemonics, pushing notices and UI of the guiding pages;
3. Task Center of WeCredit wallet added the task of loaning market. Users can win credit diamonds as reward once completed the task.   

Project Operational Information
1. On August 28th, Credit Tag Chain‘s digital asset CTC has been included by CoinMarketCap, a well-known provider of cryptocurrency market cap rankings and charts. CoinMarketCap assesses the cryptocurrencies included from different dimensions. CoinMarketCap’s admission of CTC means another recognition from the international blockchain industry.

Community Development
1. CTC continues activities to air drop CTC candies and credit diamonds to attract new users, and give benefits to community numbers.
2. With the scaling of CTC business, CTC is now recruiting administrators for CTC communities and promoters for WeCredit wallet. Anyone with related resources please contact CTC through WeChat account ctcmomo or CTC official Facebook/Twitter;
3. CTC continues to update project information through CTC WeChat Official, Weibo, Facebook, Twitter, and communities organized by volunteers worldwide. Original articles to popularize blockchain knowledge are also released to promote the advocacy of CTC’s value and enable more people to know and understand CTC.

Facebook: Credit Tag Chain
Twitter: CreditTagChain
Telegram: @credittag
                @ctcfan
                @ctcfans

By building a distributed credit information system, all the users with loan needs can improve on the building of their personal credit information, the asymmetric information among the lending institutions would be solved, credit scale expansion is thus realized.

CTC signature uses asymmetric key cryptographic technology and digital summarisation tech. It generates a string of digits cannot be forged by others. It can only happen when there is info of the sender, meanwhile, the string of digits is also a valid proof of info's authenticity

Credit Tag Chain is listed byCoinMarketCap , a well-known provider of cryptocurrency market cap rankings and charts. Please go to CMC to check the latest price and transaction information of Credit Tag Chain (CTC).

The Credit Tag Chain has built a whole set of consensus mechanisms that is applicable to the sharing of data between credit institutions. This is to allow the institutions that are linked up to the platform to be able to share loan data thus maximizing the value of the services provided by the platform.

CTC Project Weekly Report (Aug. 16, 2018 – Aug. 22, 2018)   

Development Progress
1. WeCredit wallet will soon release a new version, which will support cryptocurrency integration, security storage and instant transfer;
2. Task Center of WeCredit wallet added two more tasks, applying for credit card and following CTC account in Jinse Caijin. Users can win credit diamonds as reward once completed the tasks.   
 
Project Operational Information
1. On August 22nd, Credit Tag Chain presented at the first meet-up of Async Capital, a hybrid digital asset fund, in Beijing. Representatives from digital capitals, exchanges, media, investors and projects participated in the meet-up. During the roadshow, CTC CMO Charlie Shan introduced the financial public chain of CTC and emphasized CTC’s credit loan business and related achievements. Mr. Shan stated that under the current market environment, block chain projects need to utilize the time to strengthen their technology and other inner capacities, and get ready for future challenges. Mr. Shan’s opinion won applauds from professionals.

Community Development
1. CTC continues activities such as Lucky Spin, free credit diamond for new users, invitation reward and sharing press release for candies. CTC benefit is always accessible to all users.
2. CTC released the game “Pick out the Single” on August 17th to celebrate the Qixi Festival, China's Valentine’s Day. Users could win candies by playing the game. Posters and notices were distributed in CTC communities.
3. With the scaling of CTC business, CTC is now recruiting administrators for CTC communities and promoters for WeCredit wallet. Anyone with related resources please contact CTC through WeChat account ctcmomo or CTC official Facebook/Twitter;
4. CTC continues to update project information through CTC WeChat Official, Weibo, Facebook, Twitter, and communities organized by volunteers worldwide. Original articles to popularize blockchain knowledge are also released to promote the advocacy of CTC’s value and enable more people to know and understand CTC.

Facebook: Credit Tag Chain
Twitter: CreditTagChain
Telegram: @credittag
@ctcfan
@ctcfans

CTC presented at the first meet-up of Async Capital in Beijing. Charlie introduced CTC again to audiences from digital capitals, exchanges, media and investors. CTC's credit loan scenarios attracted much attention and triggered discussion among professionals.

There are over 10000 credit institutions in operation globally. The number of loan customers has exceeded 1 billion, and the market size of the credit market is more than 8 trillion dollars. This is a huge market!

CTC CMO Charlie delivered a keynote speech in 2018 Finwise Hong Kong Summit on August 11th. He pointed out that under severe regulation and in a slumping market, CTC can even better demonstrates its value by helping enterprises to tide over the crisis. With over hundreds of thousands of users, CTC is confident to deal with challenges brought by the current environment.

[img][https://scontent-lax3-2.xx.fbcdn.net/v/t1.0-9/39027520_668812890159823_6769663972338565120_n.jpg?_nc_cat=0&oh=5f66f946b3364fd58633f9a79ac88122&oe=5C0C6E3C/img]

Development Progress
1.WeCredit wallet successfully connected ERC20 digital assets like ETH and LTC, supporting storage and transaction of more assets. The feature is going to be released in the new version. Please stay tuned.
2.WeCredit wallet released new tasks in its Task Center, where users can get free CTC reward for listing voting, and credit diamonds by sharing CTC’s articles to WeChat Moments or groups.
3.WeCredit wallet has been optimized in its credit guarantee feature as well as its UI design.


Project Operational Information
1.On August 7th, Credit Tag Chain and Dana Rupiah, a top Indonesian credit loan company, have reached strategic cooperation and held a signing ceremony in Jakarta on August 7th. Representative from both sides presented and signed the strategic agreement on site. Indonesian BlockChain leaders and professionals were invited to witness and participate in the ceremony. CTC starts to head toward Southeast Asia market.
2.From 14:00, August 8th to 23:59 August 12th, Beijing Time, Credit Tag Chain lands on ZB.com for listing voting. Once the votes exceeds 2 million by the deadline, voters will shall share 200,000 CTC as reward.

Community Development
1.   CTC continues activities such as Lucky Spin, free credit diamond for new users, invitation reward and sharing press release for candies. CTC benefit is always accessible to all users.
2.   CTC is now preparing for the listing on ZB.com exchange through its listing voting. Promotions of getting 200,000 airdrop free through voting are held in CTC social communities, where users are actively propelling the listing of CTC in ZB.com.
3.   CTC released recruitment for community administrators in various media, and received application from professionals in the sector. Anyone with related resources please contact CTC through WeChat account ctcmomo or our official Facebook/Twitter;
4.   CTC continues to update project information through CTC WeChat Official, Weibo, Facebook, Twitter, and communities organized by volunteers worldwide. Original articles, speeches and roadshows by CTC are organized to advocate CTC’s value.

Contact Info.
Facebook: Credit Tag Chain
Twitter: CreditTagChain
Telegram: @credittag
@ctcfan
@ctcfans

Credit Tag Chain to Meet You in Finwise Hong Kong tomorrow! Mr. Shan will deliver the keynote speech on August 11th.